The US Federal Reserve under a new chairman in 2026 is expected to press ahead with interest rate cuts of up to 75 basis points, a move that would lower Hong Kong’s interbank-linked loan costs but leave prime lending rates stuck at their historical low, according to analysts. The Fed and the Hong Kong Monetary…
The US Federal Reserve under a new chairman in 2026 is expected to press ahead with interest rate cuts of up to 75 basis points, a move that would lower Hong Kong’s interbank-linked loan costs but leave prime lending rates stuck at their historical low, according to analysts. The Fed and the Hong Kong Monetary…
China is expected to solidify its position as a hi-tech manufacturing powerhouse over the next decade as it edges closer to “innovation and excellence” alongside the United States, Germany and Japan, according to new reports issued by Chinese institutions. The documents, published on Tuesday, stated that China had achieved its “strategic goal” of becoming the…
BEIJING (AP) — China’s People’s Liberation Army said Wednesday that it “successfully completed” two days of military exercises in the waters off Taiwan, concluding a set of high-powered maneuvers aimed at asserting its sovereignty over the island — actions that ratcheted up tension in East Asia during 2025’s waning days. In a New Year’s Eve…
Beijing — China launched missiles and deployed dozens of fighter aircraft and navy vessels around Taiwan on Tuesday for a second day of live-fire drills aimed at simulating a blockade of the self-ruled island’s key ports and assaults on maritime targets. The two-day war games code-named “Justice Mission 2025” have been slammed by Taipei as…
new video loaded: Trump and Zelensky Meet to Finalize Peace Plan transcript Back transcript Trump and Zelensky Meet to Finalize Peace Plan President Trump said a peace deal was “maybe very close” after meeting with President Volodymyr Zelensky of Ukraine. A joint U.S.-Ukraine proposal appeared to remain a work in progress as Russia rejected several…
Donald Trump prompted an incredulous laugh from Volodymyr Zelensky with a bizarre claim about Vladimir Putin’s intentions in Ukraine. Trump, 79, met with Zelensky, 47, at Mar-a-Lago on Sunday to discuss a peace deal to end the war with Russia. At a post-meeting press conference, the leaders said progress had been made but gave little…
China has moved its army, naval, air force and rocket force units to surround Taiwan for military drills, warning outside forces against supporting Taiwanese independence. The operation, dubbed “Just Mission 2025”, aims to test Beijing’s combat readiness, and will involve live-fire exercises on Tuesday. China’s Eastern Theatre Command said five zones surrounding Taiwan would be…
Ukrainian President Volodymyr Zelensky is in Miami for a high-stakes meeting with US president Donald Trump to discuss the ongoing war in Ukraine and a potential peace plan. Hours before the meeting, Trump took to Truth Social to share that he also held a “productive” phone call with Russian president Vladimir Putin. Zelensky said that…
BEIJING (AP) — Top diplomats from Thailand and Cambodia kicked off two days of talks in China on Sunday as Beijing seeks to strengthen its role in mediating the two countries’ border dispute, a day after they signed a new ceasefire. The ceasefire agreement calls for a halt to weeks of fighting along their contested…